CONVERSE UNIVERSITY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$50,688,632
Program Services
65%
Contributions
24%
Investments
6%
Other
5%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2025
$47,603,490
Salaries & Benefits
40%
Grants
21%
Other
18%
Offices, Occupancy & IT
8%
Depreciation
7%
Interest
2%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$6,559,215
$12,090,221
+84%
Government Grants
$0
$0
-
Fundraising Events
$6,118
$4,847
-21%
Program Services
$29,455,080
$32,938,811
+12%
Membership Dues
$0
$0
-
Investments
$3,453,112
$2,963,108
-14%
Other
$2,007,771
$2,691,645
+34%
Total Revenues
$41,481,296
$50,688,632
+22%
Expenses
2024
2025
Change
Grants
$8,267,189
$10,212,170
+24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$18,148,749
$19,171,428
+6%
Fees to Service Providers
$1,160,132
$1,066,016
-8%
Advertising & Promotion
$180,725
$311,721
+72%
Offices, Occupancy & IT
$3,711,827
$3,701,106
0%
Interest
$1,026,894
$1,115,499
+9%
Depreciation
$3,231,500
$3,441,380
+6%
Other
$7,616,958
$8,584,170
+13%
Total Expenses
$43,343,974
$47,603,490
+10%
Net income
2024
2025
Change
Net income
-$1,862,678
+$3,085,142
-266%
Functional Expenses
Summary
2024
2025
Change
Program
$36,141,644
$40,118,204
+11%
Admin
$5,475,198
$5,624,015
+3%
Fundraising
$1,727,132
$1,861,271
+8%
Total Expenses
$43,343,974
$47,603,490
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)